Fannie Mae (FNMA)

[contrarian bull]

End of year impacts many things.
If you have long term capital gains in fannie and freddie, you might want to take those gains this year while tax rates are still low. If you have losses in fannie and freddie you may want to take those losses this year, or save them for next year when losses are more valueable. Their fiscal year ends Dec 31, so FHFA might want to have a change on the books prior to the end of the fiscal year. So much happens on Dec 31. Previous modifications were squeezed in before the end of the year.

Or everyone at FHFA has taken the week off and Mnuchin is working to complete emptying a case of Brandy.

FHFA wants the PSPA finalized before year end.
I assume they want some time prior to the admin change to execute the consent order.
Would love to know why, for anybody with insight into the mechanics here.